Stock News

Enter Stock SymbolIs Truist Financial (TFC) a Great Stock for Value Investors?Let's see if Truist Financial (TFC) stock is a good choice for value-oriented investors right now from multiple angles.Wed, 20 May 2020 13:35:01 +0000 —Read more…Will Teladoc Stock Be a $200 Stock?Sandy Draper, an analyst from SunTrust has raised his bank's price target on shares of Teladoc Health (NYSE: TDOC) in response to increased utilization influenced by stay-at-home orders. Draper raised Suntrust's price target on shares of the telehealth pioneer to an even $200 from the previous target of $144 set in April. At recent prices, SunTrust's new price target suggests a 10% gain once the market comes to the same conclusions as Draper.Wed, 13 May 2020 17:42:00 +0000 —Read more…Why PNC Is Selling Its Stake in BlackRockPNC Financial Services Group (NYSE: PNC), the holding company of PNC Bank, grabbed headlines by announcing its intention to sell its roughly $17 billion stake in BlackRock (NYSE: BLK), the world's largest asset manager. The bank, which has $412 billion in assets, will conduct the sale of its 34.8 million common and preferred shares of BlackRock (22.4% ownership) through a registered offering and buyback. BlackRock has agreed to repurchase $1.1 billion worth of its stock from PNC upon completion of the offering.Wed, 13 May 2020 11:50:00 +0000 —Read more…Global Payments to Extend Credit Card Services to TruistGlobal Payments (GPN) signs deal to manage credit card portfolios of Truist.Mon, 11 May 2020 14:22:02 +0000 —Read more…American Finance Trust, Inc (AFIN) Q1 2020 Earnings Call TranscriptThis call is being webcast in the Investor Relations section of AFIN's website at www.americanfinancetrust.com. Joining me today on the call to discuss the results are Michael Weil, Chief Executive Officer; and Katie Kurtz, Chief Financial Officer.Sat, 09 May 2020 01:00:40 +0000 —Read more…Introducing Benchmark Botanics (CSE:BBT), The Stock That Dropped 14% In The Last YearBenchmark Botanics Inc. (CSE:BBT) shareholders should be happy to see the share price up 18% in the last month. It's...Wed, 22 Apr 2020 10:56:38 +0000 —Read more…Decade of Growth: BB&T to buy SunTrust in $66 billion ‘merger of equals’The merger of BB&T; and SunTrust was among Atlanta Business Chronicle's top stories of the decade.Fri, 27 Mar 2020 19:01:41 +0000 —Read more…Truist, Synovus move to drive-thru banking due to the coronavirusFormer BB&T and SunTrust branches, now Truist locations, as well as Synovus Financial Corp. branches, will limit activity to drive-thru lanes and make in-lobby consultations by appointment only as precautionary measures to prevent the spread of the novel coronavirus to customers or staff. "More and more, our clients are choosing to conduct their banking business through our drive-thrus, ATMs, contact centers and digital banking options during this challenging and uncertain situation, so this decision was a natural next step," said Brant Standridge, head of Truist Retail Community Banking, in a statement. The change at Truist will go into effect Saturday, March 21.Thu, 19 Mar 2020 18:43:13 +0000 —Read more…The Trilogy Group founder wins Diamond Phoenix AwardMeet the winner of this year's winner of the Bruce B. Wilson Diamond Phoenix Award that honor 45 years of service in the CRE industry.Sun, 15 Mar 2020 18:46:23 +0000 —Read more…This local biz 'deeva' has created an organization focused on empowermentArlene Blake made her way from her hometown of Jacksonville to Orlando when she decided to attend the University of Central Florida — and proceeded to win 20 of the 24 scholarships she applied for to complete her undergraduate education. Not willing to be a victim of her circumstances, Blake recognized a need for an organization that could support and uplift the women of Orlando to get through life challenges, and her own business was born. As president of the organization, Blake tripled Women on the Rise International's income in the last year, grew to 138 members and expanded from Orlando to open a second chapter in Jacksonville.Wed, 11 Mar 2020 15:59:10 +0000 —Read more…Second-largest Georgia bank adds corporate attorney to executive teamUnited Community Banks' newest executive is tasked with leading the company’s legal and governance matters.Mon, 09 Mar 2020 18:14:03 +0000 —Read more…Car dealership pitched for former Virginia College campus at PalisadesAn effort is underway to rezone the former Virginia College campus at the Palisades to pave the way for a potential car dealership property.Fri, 06 Mar 2020 20:38:19 +0000 —Read more…Truist will move Triad employees into bank-owned propertiesTruist will be vacating offices over "the next few months" in the 21-story glass building at 200 W. 2nd St. that served as BB&T's corporate headquarters. According to a Truist statement, employees will be moved to facilities owned by Truist, including the downtown Park building at 101 N. Cherry St., 150 S. Stratford Road and 110 S. Stratford. Built in 1987, the 271,445-square-foot skyscraper had been BB&T headquarters since 1995.Fri, 06 Mar 2020 11:30:00 +0000 —Read more…Former SunTrust exec to lead new Truist Foundation“This is a dream job – to be able to support the nation’s sixth largest financial institution’s giving platform. We are going to be intentional with our giving process.”Fri, 06 Mar 2020 11:00:00 +0000 —Read more…How Safe Is Venmo and Is It Free?Learn how Venmo, one of the most popular apps in the peer-to-peer payments space, actually works. You will learn what it is, what the fees are, how it makes money and more.Thu, 05 Mar 2020 02:04:45 +0000 —Read more…Straight Cash: Analysts Bullish On Square's Q4 Earnings, OutlookSquare Inc (NYSE: SQ) reported fourth-quarter results highlighted by an earnings beat and a bullish outlook of its Cash App. Square reported fourth-quarter cash earnings per share (CEPS) of 23 cents on total revenue of $1.31 billion versus expectations of 21 cents and $1.19 billion. Subscription and Services-based adjusted revenues rose 45% at $281.4 million due to strength in Cash App, Square Capital, and Instant Deposit.Thu, 27 Feb 2020 19:25:07 +0000 —Read more…2020 Businesswoman of the Year: How she went from blindsided to emboldenedSandy Hostetter lived through a bank merger before — and it didn't go well. This time, things were different.Thu, 27 Feb 2020 18:42:40 +0000 —Read more…National Commerce Capital Trust I -- Moody's announces completion of a periodic review of ratings of Truist Financial CorporationMoody's Investors Service ("Moody's") has completed a periodic review of the ratings of Truist Financial Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.Tue, 25 Feb 2020 21:38:10 +0000 —Read more…Coronavirus sparks deepest S&P 500 drop since early 2018The S&P 500 suffered its worst day in two years on Monday as a surge in coronavirus cases outside China rattled investors already worried about valuations following recent record highs. The S&P 500's 3.35% slump was the leading U.S. stock index's deepest one-day loss since February 2018, when Wall Street was in a correction. The fear in Monday's session came after investors in recent months often downplayed the overall risk related to the new coronavirus.Mon, 24 Feb 2020 23:02:30 +0000 —Read more…Edited Transcript of BBT earnings conference call or presentation 30-Jan-20 1:00pm GMTQ4 2019 Truist Financial Corp Earnings CallSat, 08 Feb 2020 12:30:37 +0000 —Read more…

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